Uri Gamal Purchases Multifamily Property From Mendel Steiner For $2 Million In Hollywood
403 North 19th Avenue & 1927 Taylor Street
$2,000,000
$211/SF
Building Size
9,450 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
AI
The property asset involved in this transaction is a multifamily building located at 403 North 19th Avenue & 1927 Taylor Street in the Hollywood market. The sale price for the property was $2,000,000, encompassing a total of 28 units. The property has a total square footage of 9,450, resulting in a price per unit of $71,428 and a price per square foot of $211.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Units: 28
- Square Footage: 9,450
- Price Per Unit: $71,428
- Price Per Square Foot: $211
- Buyer: Uri Gamal
- Seller: Mendel Steiner
- Broker: Elior Levi - Fausto Commercial Realty Consultants
The key individuals involved in this transaction include the buyer, Uri Gamal, and the seller, Mendel Steiner, who successfully completed the sale represented by the broker Elior Levi from Fausto Commercial Realty Consultants, facilitating the entire process of this multifamily property deal.
Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93